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Gold and the Swiss franc face headwinds from a higher US dollar and rising US interest rates as inflation and labour data are watched. The article notes US rate expectations are driving USD/CHF and gold moves.
This is a forex and precious metals commentary with no feed-specific supply or demand change. Its relevance to feed prices is limited to dollar strength.
forex.comDavid ScuttOct 10, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
